Budgeting, Planning & Forecasting

Budgeting, Planning & Forecasting

June 07, 2011

Kenexa and Aberdeen Explain Relevance of Assessment Solutions to Improve Business Performance

The business assessment has become an important element in the improvement of organization management. Business assessment solutions cater the diverse range of issues associated with sustainability, productivity and profitability of businesses.  Kenexa, a provider of business solutions for human resources, understands how assessments can help organizations identify, hire and retain right fit employees by predicting human performance and potential.

The Boston-based Aberdeen (News - Alert) Group, a Harte-Hanks Company also supports Kenexa's focus.

According to a press release, Aberdeen's research showed that organizations that used assessments in both the pre- and post-hire processes achieved, on average, 19% more of their organizational goals in the past year as compared to organizations not using assessments.

Dr. Courtney McCashland, president of Kenexa's Global Assessment Division said, “the finding of the Aberdeen report further demonstrate what we at Kenexa have always known -- assessment data can improve employee and organizational performance by ensuring the right person is hired for the right job. Many of our long-term clients have experienced dramatic improvements in key business outcomes by using our assessment solutions. By understanding the key levers of a company, we are creating tools that help businesses hire a higher quality candidate.”

Kenexa has been responsible for administering more than 30 million Assessments in 14 languages and in 44 countries in just the last two years. These assessments are based on seven key areas that predict individual performance and potential -- experience, skills, abilities, personality, motivation, judgment and culture fit.

Mollie Lombardi, Senior Research Analyst, Human Capital Management at the Aberdeen Group, commented, "The research findings show a number of common attributes among best-in-class companies. For instance, best-in-class organizations are 85 percent more likely to be able to correlate post-hire assessment results to ongoing performance. And, organizations with a formal process to assess candidates, new hires and existing employees are 56 percent more likely to be best-in-class companies."

Kenexa's assessments also matches with recruitment technology, onboarding, career development, succession planning and leadership development to create a seamless user experience.

 In other company news, TMCnet reported that Kenexa has announced that its Chief Executive Officer, Rudy Karsan, is presenting at the 39th Annual Cowen and Company Technology Media & Telecom Conference.

Mandira Srivastava is a TMCnet contributor. She works as a full-time writer, ghostwriter and blogger, and has more than two years of experience in print and Web media. She has also worked on company brochures, website content and product descriptions, as well as proofreading and editing content. To read more of her articles, please visit her columnist page.

Edited by Rich Steeves

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